"We made a good deal," says Walter Floyd, principal for NAI Huff Partners in Fort Worth. He tells GlobeSt.com that the company's executive team plans to ramp up an expansion to its production line in two months in the 3521 E. Avenue E building. Floyd, teaming with NAI associate Ryan Wood, says the firm's 109th Street location will stay intact.
Floyd says the firm had narrowed the short list to three buildings, but the "size and pricing" swung the decision to the 1.4-acre Avenue E asset, which was sold by a limited liability company with Dallas and California ties who bought it 15 months ago. The 41-year-old building, dark at least two years, was marketed by Dallas-based Bradford Cos. vice presidents and managing partners Michael Spain and Brian Pafford.
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